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Abstract Renewable energy‐based microgrids (MGs) strongly depend on the implementation of energy storage technologies to optimize their functionality. Traditionally, electrochemical batteries have been the predominant means of energy storage. However, technological advancements have led to the recognition of hydrogen as a promising solution to address the long‐term energy requirements of microgrid systems. This study conducted a comprehensive literature review aimed at analysing and synthesizing the principal optimization and control methodologies employed in hydrogen‐based microgrids within the context of building microgrid infrastructures. A comparative assessment was conducted to evaluate the merits and disadvantages of the different approaches. The optimization techniques for energy management are categorized based on their predictability, deployment feasibility, and computational complexity. In addition, the proposed ranking system facilitates an understanding of its suitability for diverse applications. This review encompasses deterministic, stochastic, and cutting‐edge methodologies, such as machine learning‐based approaches, and compares and discusses their respective merits. The key outcome of this research is the classification of various energy management strategy (EMS) methodologies for hydrogen‐based MG, along with a mechanism to identify which methodologies will be suitable under what conditions. Finally, a detailed examination of the advantages and disadvantages of various strategies for controlling and optimizing hybrid microgrid systems with an emphasis on hydrogen utilization is provided.

Abstract This paper proposes a novel real option (RO)‐based network investment assessment method to quantify the flexibility value of battery energy storage systems (BESS) in distribution network planning (DNP). It applied geometric Brownian motion (GBM) to simulate the long‐term load growth uncertainty. Compared with commonly used stochastic models (e.g. normal probability model) that assume a constant variance, it reflects the fact that from the point of prediction, uncertainty would increase as time elapses. Hence, it avoids the bias of traditional net present value (NPV) frameworks towards lumpy investments that cannot provide strategic flexibility relative to more flexible alternatives. It is for the first time to adopt the option pricing method to evaluate the flexibility value of distribution network planning strategies. To optimize the planning scheme, this paper compares the static NPVs and flexibility values of different investment strategies. A 33‐bus system is used to verify the effectiveness of the formulated model. Results indicate that flexibility values of BESS are of utmost importance to DNP under demand growth uncertainties. It provides an analytical tool to quantify the flexibility of planning measures and evaluate the well‐timed investment of BESS, thus supporting network operators to facilitate flexibility services and hedge risks from the negative impact of long‐term uncertainty.

This paper investigates voltage regulation in low voltage (LV) networks under different loading conditions of a supply network, with increased levels of distributed generation, and in particular with a diverse range of locational solar photovoltaic (PV) penetration. This topic has been researched extensively, with beneficial impacts expected up to a certain point when reverse power flows begin to negatively impact customers connected to the distribution system. In this paper, a voltage-based approach that utilizes novel voltage-based reliability indices is proposed to analyse the risk and reliability of the LV supply feeder, as well as its PV hosting capacity. The proposed indices are directly comparable to results from a probabilistic reliability assessment. The operation of the network is simulated for different PV scenarios to investigate the impacts of increased PV penetration, the location of PV on the feeder, and loading conditions of the MV supply network on the reliability results. It can be seen that all reliability indices improve with increased PV penetration levels when the supply network is heavily loaded and conversely deteriorate when the supply network is lightly loaded. Moreover, bus voltages improve when an on-load tap changer is fitted at the secondary trans-former which leads to better reliability performance as the occurrence and duration of low voltage violations are reduced in all PV scenarios. The approach in this paper is opposed to the conventional reliability assessment, which considers sustained interruptions to customers caused by failure of network components, and thus contributes to a comprehensive analysis of quality of service by considering transient events (i.e., voltage related) in the LV distribution network.